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It’s official! The sequel to the popular RPG-Shooter hybrid is in development, and the first look features a… dual-machine-gun-totting… midget? 2K Games and Gearbox Software, fresh off of the development of Duke Nukem Forever, have made it official: Borderlands 2, the sequel to 2009’s highly successful Role-Playing-Shooter, is in development. Development on the title must have been going on a while, because fans can get their first glimpse at the title at Gamescom and PAX 2011 this very month.

In the summer Steam sale, a friend and i bought the four-pack, got a few friends involved and had a blast ripping through Pandora. It’s has all the gun-totting action of a modern shooter coupled with the additive loot-whoring of Diablo II (and soon, III). I for one, can’t wait!

The press release states that the game is being simultaneously developed for the Xbox 360, Playstation 3 and Windows-based PCs. The game is tentatively slated for a fiscal year 2013 release, which starts on April 1, 2012. The sequel will continue to evolve the game mechanics and story from the first game with all new characters, skills, environments, enemies, weapons and equipment, and a new story. And yes, the story will continue into the unexplored regions of the world of Pandora.

Additional details can be found in Game Informer Magazine’s latest issue, which runs a cover piece with 12 pages of content on Borderlands 2.

You can read the official press release here, and the Game Informer Magazine’s teaser here.